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Economy

Policy barriers, inflation weigh on Dhaka’s property market

Farrukh Khosru:

Bangladesh’s housing market, particularly in the capital Dhaka, continues to reel under mounting pressure, as soaring construction costs, restrictive urban policies, and rapid urbanisation deepen the country’s affordable housing crisis. Despite a slowdown in new developments, residential property prices remain on a steep upward trajectory, exacerbating the burden on urban dwellers. The absence of reliable official data on property values has further obscured market transparency, though anecdotal evidence and industry reports consistently point to rising costs across the board. [caption id="attachment_33693" align="alignleft" width="491"]

Container ship service begins between Mongla, Ctg ports

In a significant development aimed at reducing export costs and enhancing trade accessibility in the greater Khulna region, container ships are expected to start operating between Mongla and Chattogram ports on a domestic maritime route from April. This initiative marks a strategic move to revitalise Mongla Port—Bangladesh’s second seaport—which, after years of grappling with numerous challenges, has now emerged as a profitable and growing hub due to several ongoing development and expansion projects. ...

FTA with US can be Bangladesh’s long-term solution

Signing a Free Trade Agreement (FTA) with the United States can be a long-term solution for Bangladesh's trade growth, as the country is the largest export destination for Bangladeshi goods, an economist said on Thursday. Many believe such a deal may not be possible, but that is not the case, as everything depends on negotiation, said Mustafizur Rahman, distinguished fellow at the Centre for Policy Dialogue (CPD). He made the comments at a dialogue titled "Trump Reciprocal Tariffs and Bangladesh: Implication...

IMF hints at early loan approval amid reform push

The International Monetary Fund (IMF) has expressed confidence in Bangladesh’s long-term economic prospects, noting that with sustained reforms and strategic investments, the country is well-positioned to overcome current challenges and unlock stronger, more inclusive growth.

Concluding its mission to Dhaka, the IMF team, led by Chris Papageorgiou, acknowledged ongoing global and domestic pressures but emphasised the potential for recovery through bold policy a...

India revokes transshipment corridors for Bangladesh

India has officially revoked the transshipment facility that previously allowed Bangladesh to export cargo to third countries via Indian land borders. However, the Indian government has clarified that exports to Nepal and Bhutan, which transit through Indian territory, will remain unaffected.

Economists and business leaders in Bangladesh have downplayed the impact of Delhi's decision, suggesting that it could affect both...

Economy struggling but to recover in next fiscal

The Asian Development Bank (ADB) has sharply revised down its growth forecast for Bangladesh, now projecting the country's economy to expand by just 3.9% in the fiscal year 2024–25. This represents a significant reduction from the 5.1% forecast issued in September 2024 and a steep decline from the 6.6% projection made in April 2024.

In addition, the ADB warns that Bangladesh's annual average inflation is expected to rise further, reaching 1...

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